Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems

Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load SystemsA recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of mining as a flexible and versatile instrument for large-scale demand response in industries and harnessing unused energy resources. Working Paper Highlights […]

Lyon-based RED Horticulture bags €17 million Series A to reduce energy consumption of greenhouses

RED Horticulture closed a €17 million Series A funding round to drive its growth and invest in the development of its high-performance lighting strategies. The round was led by European Circular Bioeconomy Fund (ECBF), Demeter IM and Unigrains. Part of the financing comes from a banking pool (BPI, BNP Paribas, CIC, Crédit Agricole, Société Générale) […]

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Op-ed: Cutting the environmental cost of cutting-edge technologies like AI and Bitcoin

As both artificial intelligence and cryptocurrency gain traction in several aspects of our lives, their escalating energy demands have become a critical issue. Like all technologies that improve our quality of life at the cost of using resources, generative AI and cryptocurrencies—Bitcoin (BTC) in particular—have already produced tremendous value while consuming tremendous amounts of energy. […]

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